Every 10-Q that GCT Semiconductor Holding, Inc. (GCTS) has filed with the SEC in the last 24 months is listed below, newest first, and each one links through to the document itself with the summary and the scores our analysis gives it.
A 10-Q covers the quarterly report filed between annual reports, so if you follow GCTS and want that one kind of document rather than the whole filing history, this is the page to keep. The company's other filings, of every form, are on the full GCTS filings page.
GCT Semiconductor Holding, Inc., a fabless 5G semiconductor company, reported Q2 2026 net revenues of $0.97 million, down from $1.18 million a year earlier, and a net loss of $20.4 million versus $13.5 million. For the first six months of 2026, revenue was $2.89 million and net loss was $30.2 million, compared with $1.68 million and $20.5 million, respectively.
Operating loss narrowed modestly year to date, but bottom-line results were heavily affected by a $15.4 million year-to-date loss from changes in the fair value of warrant liabilities. Cash and cash equivalents increased to $30.2 million from $0.6 million at December 31, 2025, primarily driven by $55.7 million of gross proceeds from an at-the-market equity program and $2.8 million from Indigo convertible notes. Total debt stood at $55.1 million, including sizable related-party borrowings, and warrant liabilities rose to $18.3 million.
The company ended Q2 2026 with an accumulated deficit of $635.6 million and a stockholders’ deficit of $52.0 million, though this improved from a deficit of $83.3 million at year-end 2025 due to capital raises and currency translation gains. Management disclosed that recurring losses, negative operating cash flows, high leverage, and dependence on additional financing raise substantial doubt about its ability to continue as a going concern beyond 12 months, despite access to an expanded ATM facility and an undrawn $20.0 million Obsidian convertible note facility.
GCT Semiconductor Holding, Inc. reported net revenues of $1.9 million for the three months ended March 31, 2026, up sharply from $0.5 million a year earlier, driven by higher product and service revenue. Gross profit improved to $0.9 million, but the company still posted a net loss of $9.9 million, similar on a per‑share basis at $(0.15). Cash and cash equivalents rose to $7.2 million, mainly from financing activities, including $12.7 million of common stock sales under an at‑the‑market program and $2.8 million from Indigo convertible notes. Total liabilities were $96.3 million, with $52.7 million of borrowings and $5.0 million of convertible notes outstanding, leaving a stockholders’ deficit of $73.9 million and an accumulated deficit of $615.3 million. Management disclosed that recurring losses, negative operating cash flows, heavy near‑term debt maturities and dependence on additional fundraising raise substantial doubt about the company’s ability to continue as a going concern beyond twelve months.
GCT Semiconductor Holding (GCTS) filed its Q3 2025 10‑Q. Net revenues fell to $430 thousand from $2.61 million a year ago, producing a gross loss of $1.05 million versus a prior gross profit of $1.63 million. Operating loss widened to $9.25 million, and net loss increased to $13.85 million (vs. $7.12 million).
Year‑to‑date, net revenues were $2.11 million (vs. $7.34 million) with a net loss of $34.36 million. Cash and cash equivalents were $8.34 million at September 30, 2025, up from $1.44 million at year‑end, supported by financing: an ATM program generated $1.4 million net proceeds and a May 2025 registered direct offering provided $9.9 million. The company has the right to sell up to $50.0 million under a common stock purchase agreement and had utilized $9.9 million of that capacity through quarter‑end.
Total current liabilities rose to $87.11 million, including borrowings of $59.41 million and current convertible promissory notes of $5.29 million. Stockholders’ deficit increased to $(80.15) million. Management states that these conditions raise substantial doubt about continuing as a going concern. Shares outstanding were 57,099,558 as of November 7, 2025.
GCT Semiconductor Holding, Inc. reported a net loss of $13.54 million for the three months ended June 30, 2025 and $20.51 million for the six months, on total net revenues of $1.18 million in Q2 2025 and $1.68 million year-to-date. Gross profit for Q2 was $0.38 million while quarterly operating expenses were $7.97 million (R&D $3.51M, G&A $3.44M). Cash and cash equivalents totaled $1.27 million and the company had an accumulated deficit of $582.5 million and total debt principal of $51.675 million as of June 30, 2025.
Management disclosed substantial doubt about the company’s ability to continue as a going concern beyond twelve months without additional financing. Recent financing activity included net proceeds of $9.9 million from a May 2025 registered direct offering and approximately $0.5 million from ATM sales in Q2 2025; the company also has a $50.0 million committed sales agreement with B. Riley (approximately $9.9M used to date). Customer concentration and material foreign currency losses were noted.